🕐02.12.11 - 01:27 Uhr

PETROBRAS - PRESS RELEASE: PETROBRAS PRICES GLOBAL NOTES



Dear Mr/Mrs Ramin Farzanehfar,

 

 
 
 
Rio de Janeiro, December 01, 2011 – Petróleo Brasileiro S.A.

– Petrobras announces the pricing of 6-year, and 10-year Global Notes issued by its wholly-owned subsidiary Petrobras International Finance Company (“PifCo”) and unconditionally and irrevocably guaranteed by Petrobras in a dual-tranche SEC-registered offering.
 
The terms of the 2018 Notes are as follows:
- Issue: 4.875% PifCo Global Notes due 2018
- Amount: EUR 1,250,000,000
- Coupon: 4.875%
- Interest Payment Dates:  March 7 of each year, commencing on March 7, 2012
- Yield to Investors: 5.066%
- Maturity: March 7, 2018
 
The terms of the 2022 Notes are as follows:
- Issue: 5.875% PifCo Global Notes due 2022
- Amount: EUR 600,000,000
- Coupon: 5.875%
- Interest Payment Dates:  March 7 of each year, commencing on March 7, 2012
- Yield to Investors: 5.977%
- Maturity: March 7, 2022
 
Banco Bradesco BBI S.A., Banco Santander, S.A., BB Securities Ltd., Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG, London Branch, HSBC Securities (USA) Inc.

are the joint lead managers for the transaction and Banca IMI S.p.A.

and Mitsubishi UFJ Securities International plc are the co-managers.  Closing is expected to occur on December 9, 2011.

 
This press release is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

PifCo and Petrobras have an effective registration statement on file with the SEC.

The offering is being made only by means of a prospectus supplement and the accompanying prospectus, a copy of which may be obtained by contacting Banco Bradesco BBI S.A.

collect at 1-212-888-9145, Banco Santander, S.A.

collect at 44-20-7756-4380, BB Securities Ltd.

 
collect at 44-20-7367-5800, Crédit Agricole Corporate and Investment Bank toll-free at 1-866-807-6030, Deutsche Bank AG, London Branch toll-free at 1-800-503-4611 and HSBC Securities (USA) Inc.

toll-free at 1-866-811-8049.

Alternatively, the prospectus and prospectus supplement may be obtained by visiting EDGAR on the SEC Web site at http://www.sec.gov/.

 
Before you invest, you should read the prospectus in that registration statement and other documents Petrobras and PifCo have filed with the SEC for more complete information about the companies and the offering.

  
 
 
Sincerely,

Investor Relations.
 

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www.petrobras.com.br/ri/english
Contacts: PETRÓLEO BRASILEIRO S.

A.

- PETROBRAS
Investor Relations Department I E-mail: /
Av.

República do Chile, 65 – 22nd floor - 20031-912 - Rio de Janeiro, RJ I Tel.: 55 (21) 3224-1510 / 9947

This document may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (Exchange Act) that merely reflect the expectations of the Company’s management.

Such terms as “anticipate”, “believe”, “expect”, “forecast”, “intend”, “plan”, “project”, “seek”, “should”, along with similar or analogous expressions, are used to identify such forward-looking statements.

These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company.

Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein.

 




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